ᐅ Building a House at 21 Years Old... Too Young?

Created on: 1 Aug 2019 10:35
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daniel400
I’m not quite sure how to start this thread properly. I hope I’m in the right section. I’ll just begin.

I’m still quite young, but I have always decided that only a prefabricated house is an option for me. My interest is not just for a few months, but rather spans several years, as I am planning my future with a long-term perspective. I want to build early because I want to pay off the house as soon as possible. I have already visited several well-known prefab house companies and have been really impressed. Since we don’t live far from a company headquarters (Frankenberg), I have also visited model homes several times.

Having a steady job with a regular income is, of course, a requirement that I meet.
I already have a plot of land, so I don’t have to worry about that.
Equity will also be available.

My question is simply whether there are other young homebuilders here who might share their experiences with me. Perhaps there are also recommendations on whether my decision to take on such a commitment so early is the right one or not.

Thanks in advance for any help.

Greetings from Hesse!
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daniel400
1 Aug 2019 12:42
First of all, thank you to everyone who contributes here and shares their opinions with me!
11ant schrieb:

I often read this statement here from people who are twice as "old" as you, and yet this attitude is still based on myths. Where does the clarity in your case come from?

I simply like this well-thought-out, fast yet very precise construction method for houses. I believe it also has a lot to do with modern building techniques. Of course, traditional solid construction houses also have advantages, just as prefabricated houses have disadvantages. But you have to choose one construction method. Of course, it is still possible that a solid construction company will impress me, but I seriously doubt that.
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Buchweizen
1 Aug 2019 12:56
rick2018 schrieb:

If you want to finance together but get married first

What difference does that make? Both can be listed on the land register even if they are not married.
rick20181 Aug 2019 13:05
Gift tax. For unmarried individuals, the gift tax exemption is only 20,000€ (about 22,000 USD). Assume that the land is worth more than 40,000€ (about 44,000 USD). For married couples, the gift tax exemption is 500,000€ (about 550,000 USD).
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Zaba12
1 Aug 2019 13:09
daniel400 schrieb:


I simply like this well-thought-out, fast yet very precise construction method of the houses. I believe it also has a lot to do with modern building techniques.
If those are your arguments, then you have fallen for offline and online marketing jargon. This has nothing to do with modern building methods. Prefabricated houses have existed for many decades.
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daniel400
1 Aug 2019 13:11
Zaba12 schrieb:

If those are your arguments, then you have fallen for offline and online marketing nonsense.
This has nothing to do with modern construction methods. Prefabricated houses have existed for many decades.

That might be true. That’s why we plan to get detailed information on Sunday at a model home park.
DASI901 Aug 2019 13:17
daniel400 schrieb:

That may well be the case. That’s why we want to thoroughly inform ourselves at a model home park on Sunday.

However, in the model home park, you will mostly be confronted with the points mentioned above by friendly salespeople. What you really need here is a direct comparison with a builder specializing in solid construction or a general contractor who builds with solid materials.